As I said, just curious.Anyway, 1st Bank in Phoenix is doing 70% LTV on a cash out refi with a 15 year fixed, 1.5% origination, at 3.375%Great question, and my assessment is based on my strategy.

@Heather Schmidtknecht you really want to find the source and do not take the realtors comment as an accurate assessment.

Look at what cap rates were when times were good and when times were bad and also assess where that particular area was when those conditions applied in comparison to where it is now. 

I honestly don’t see a “wrong” here but I’d love to get the community viewpoint to truly assess both options (or others) and then just get into it ASAP.

I bet 40% of our new tenants have been this type of referral, the rest from just networking.Our best was when a tenant vacated because we had to significantly increase the rent when our tax assessment more than doubled killing our cash flow.

PS: House hacking & marriage are not compatible; I am 40 & based on my experience you are likely to catch a lot of grief. 

It would help tremendously if someone could validate what I am being told or straighten me out with a more accurate assessment of this particular situation.With that being said, question #1 is should I just forget trying to bring the properties into the LLC?

I am closing on 4 deals this month, one a hotail, one flip, one 6 family hold, and lastly this deal that I'm not sure what to do with.The property: 1319 Michigan Ave South Milwaukee WisconsinPurchase Price: $14500 + CC of $1000Rehab: $45000 or lessARV: $150kPotential Capital Gain: $82500.00Rent Potential: $1400-1500Taxes (assessment $41k) $1200 which after reassessment will most likely be closer to $3000Tenants will pay all utilities and water bill.Maintenance/Capex/Self Mgmt: $400I will have this property paid off free and clear currently and can most likely pull off the rehab without drawing to much from my line of credit. 

With the local banks they keep the loan in house and underwrite you based on their own risk assessment.

Hi everyone! Completely new potential rental property investor here.
I've done some reading on understanding how to calculate rental property ROI. According to Brandon Turner's Rental Property Investing book (as well...